Written by Mark Gordon, Middle Island Resources (ASX: MDI).
With their 100% owned Sandstone Gold Project Middle Island Resources has a potential short-term gold start-up project in the world-class mining jurisdiction of Western Australia. Sandstone is differentiated by being on granted mining leases, and having a 600,000tpa CIP treatment plant and associated infrastructure on site that could be refurbished relatively quickly and for the modest sum of under A$10 million.